Ethereum co-founder Vitalik Buterin has projected modalities to increase Transactions Per Second to 100,000 TPS
Vitalik Buterin is keen on boosting Ethereum’s (ETH) scalability, which has led him to set a goal of 100,000 transactions per second (TPS). The Ethereum co-founder is certain that this feat is achievable across Layer-1 and Layer-2 on the network.
The Surge: Ethereum’s Rollup-centric Roadmap
By taking this step, Buterin is confident it will serve as a long-term goal for the next stage of scaling the Ethereum network. Earlier this week, he shared his key for “The Surge.” The Ethereum co-founder emphasized that the rollup-centric roadmap, boosted by the Dencun upgrade, will continue as the network’s key scaling strategy.
In addition, Buterin acknowledged the unique challenges that it would face, including some security risks. Notably, the rollup-centric roadmap emerged as a convergence between sharding and L2 protocols.
“Our task is to bring the rollup-centric roadmap to completion, and solve these problems, while preserving the robustness and decentralization that makes the Ethereum L1 special,” Buterin wrote.
As part of the plan to boost Ethereum scalability, Buterin emphasized the need to maintain decentralization and security of the L1 mainnet. This is in addition to maximizing interoperability across L2s. In his opinion, the Ethereum Dencun upgrade and the introduction of Blobs have not boosted the network’s speed.
More Solutions to Improve Ethereum Scalability
As someone constantly drawing up ways to improve the chain, the Ethereum co-founder suggested improving data availability sampling to scale transaction speed. This method allows the network to verify data availability without requiring each node to download and store all the data. Therefore, Buterin set 16 MB per slot of data availability bandwidth as the medium-term target. This would result in up to 58,000 TPS.
The 16 M would be against the network’s current maximum of 375 kB per slot for rollups on the Ethereum network. However, he is still concerned that this medium-term target will not fulfill high-bandwidth sectors such as consumer payments or decentralized social applications.
Hence, Buterin suggested implementing Plasma for these high-volume, low-value apps. Another possible solution to the Ethereum scalability challenge is applying a more effective gas limit increase strategy. This could come with centralization risks due to the increased cost incurred by stakers.
With less technicality involved, Buterin also highlighted the importance of improving user experience between Ethereum’s subsequent L2 networks.
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